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Climate Change and Capitalism * (Thesis: …

Climate Change and Capitalism*

Thesis: The Earth's climate has been experiencing a change from recent anthropogenic activity since the industrial revolution that will contain harmful effects for the biosphere and environment due to human consumption under the current capitalist mode of production. Therefore, the doctrines of individual welfare contained within capitalism do not account for the environmental externalities, which in turn is facilitating an increase in carbon dioxide levels that are not sustainable, and ultimately the effects of climate change will continue to worsen with the current capitalist mode.

Capitalism

The main principles of Capitalism will be discussed including the price, profit, labor , and capital aspects

Definition of Capital: Capital consists of raw materials, instruments of labour, and means of subsistence of all kinds, which are employed in producing new raw materials, new instruments, and new means of subsistence. All these components of capital are created by labour, products of labour, accumulated labour. Accumulated labour that serves as a means to new production is capital. Karl Marx (Wage, Labour, Capital) - The environment contains a life support value that provides us with natural resources and cycles that allow life to live on Earth, and with the introduction of capitalism we have appropri

The history of capitalism, and the introduction of this mode in the 18th century

Self-profit and maximization of individual welfare

The current capitalist system of production is linear and doesnot account for the environment

Principles of Capitalism induce the tragedy of the commons

Climate Change (as a result of capitalist production and consumer consumption)

Current rates of increases in Carbon dioxide in parts per million average around the 300 ppm mark and now with discoveries from NASA and the IPCC we are above the 400 ppm mark

There is data that shows since the industrial revolution there have been exponential increases in the amount of fossil fuels used within the atmosphere

Despite the alarming increases in carbon dioxide levels the consensus in the capitalist United States is unclear on if the recent changes in climate are from fossil fuels

Corporations and energy companies fund politicians and advertise against the awareness of changes in the climate to keep consumers in the dark

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Examples of north atlantic cod, elephants, tigers, and some are induced in the name of profit